Canada Research Roundup: Altus Group, Cenovus Energy, Leon's Furniture

Altus

21/02/2025 07:41

Feb 21 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Altus Group, Cenovus Energy and Leon's Furniture on
Friday.
     
    HIGHLIGHTS 
     * Altus Group Ltd  AIF.TO : CIBC cuts target price to C$57 from C$60
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts to sector perform from outperform
     * Leon's Furniture Ltd  LNF.TO : RBC initiates coverage with outperform rating
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday .
Stock entries are in alphabetical order. 
    
     * Alamos Gold Inc(Pre-Merger)  AGI.TO : CIBC raises target price to C$46 from C$44
     * Altus Group Ltd  AIF.TO : CIBC cuts target price to C$57 from C$60
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts target price to C$25 from C$28
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts to sector perform from outperform
     * Chorus Aviation Inc  CHR.TO : CIBC raises target price to C$28 from C$26
     * Hydro One Ltd  H.TO : RBC raises target price to C$46 from C$43
     * Leon's Furniture Ltd  LNF.TO : RBC initiates coverage with price target C$32
     * Leon's Furniture Ltd  LNF.TO : RBC initiates coverage with outperform rating
     * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$208 from C$206
     * Loblaw Companies Ltd  L.TO : TD Cowen cuts target price to C$195 from C$202
     * Manulife Financial Corp  MFC.TO : CIBC raises target price to C$48 from C$47
     * Torex Gold Resources Inc  TXG.TO : CIBC raises target price to C$42 from C$36
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))